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Problem no 4: 7 Marks (OPTION ANSWER ONE) of them Problem no 1: 5 Marks At September 1, the balance sheet accounts for Stanley's Restaurant

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Problem no 4: 7 Marks (OPTION ANSWER ONE) of them Problem no 1: 5 Marks At September 1, the balance sheet accounts for Stanley's Restaurant were as follows: $33,000 Accounts Payable Accounts Receivable Building Cash Furniture $ 3,800 1,600 68,000 10,000 18,700 Land Stanley, Capital Notes Payable Supplies 48,000 6,600 The following transactions occurred during the next two days: Stanley invested additional $22,000 cash in the business. The accounts payable wer paid in full. (No payment was made on the notes payable.) Instructions:- Prepare a balance sheet at September 3, 2009.. Solution

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